<<Prev Rule

Texas Administrative Code

Next Rule>>
TITLE 16ECONOMIC REGULATION
PART 8TEXAS RACING COMMISSION
CHAPTER 321PARI-MUTUEL WAGERING
SUBCHAPTER CREGULATION OF LIVE WAGERING
DIVISION 2DISTRIBUTION OF PARI-MUTUEL POOLS
RULE §321.321Fortune Pick (n)

(r) If the final or designated mandatory payoff performance is canceled or the pool has not been distributed in accordance with this section, the pool shall be deposited in an interest-bearing account approved by the executive director. The pool plus all accrued interest shall then be carried over and added to a fortune pick (n) pool with the same number of (n) contests in a subsequent race meeting within the following twelve months, on a date and performance designated by the association with the approval of the executive director. The designation of the date and performance must be made prior to the start of the association's next live racing meet.

(s) Except for refunds required by this section, a fortune pick (n) ticket may not be sold, exchanged, or canceled after the close of wagering on the first of the fortune pick (n) races.

(t) A person may not disclose the number of tickets sold in the fortune pick (n) pool or the number or amount of tickets selecting winners of the races comprising the fortune pick (n) until the results of the last race comprising the fortune pick (n) are official. The totalisator equipment shall be programmed or constructed to suppress the publication or printing of any such information, except the total number of dollars wagered in the fortune pick (n), until the results of the last race comprising the fortune pick (n) are official.


Source Note: The provisions of this §321.321 adopted to be effective effective March 28, 2011, 36 TexReg 1981; amended to be effective January 10, 2013, 38 TexReg 244; amended to be effective April 8, 2019, 44 TexReg 1717; amended to be effective August 17, 2021, 46 TexReg 5016

Previous Page

Link to Texas Secretary of State Home Page | link to Texas Register home page | link to Texas Administrative Code home page | link to Open Meetings home page